Key Market Indicators
Spain's condiment exports are expected to reach $399 million by 2026, up from $368.5 million in 2021. This equates to an annual growth rate of 1.3%. Since 1994, Spanish supply has grown by an average of 3.2% per year. In 2021, Mexico overtook Spain, with exports worth $368.5 million, while China, Germany and Italy came in second, third and fourth respectively. Meanwhile, imports of condiments into Spain are set to reach $255.5 million by 2026, up from $223.95 million in 2021. This equates to an average annual growth rate of 2.1%. Since 1994, Spanish demand has grown by 5.4% per year. In 2021, South Korea overtook Spain, with imports worth $223.95 million. The United Kingdom, Canada and France came in second, third and fourth respectively.
